At the end of April, Vanguard's Total Bond Market Index fund (VBMFX)had $117.3 billion while Pimco's Total Return fund (PMBIX ... Vanguard also runs the largest stock fund on the planet: its Total Stock Market Index Fund (VITSX) has over …
Bond mutual fund titan Pimco is jumping the fence -- into stock picking. The Newport Beach firm, perhaps the world's best-known bond investor, said Monday it would expand into actively managed stock funds. The company also said it had …
Think the unfolding drama at Pimco can't affect your clients' portfolios? Think again. In the world of portfolio crash-testing analysis, no company is an island. In other words, even if you're not directly exposed to funds managed by Pacific …
On Tuesday, the Wall Street Journal reported that the SEC has been questioning whether Pacific Investment Management Company, more commonly known as Pimco, has been improperly ... You can read MONEY’s take on the pros and …
However, much of the day's news overshadowed by the departure of legendary bond investor Bill Gross from PIMCO. Gross is joining Janus Capital Group (JNS), which saw its stock rise 43.02% on the announcement. PIMCO closed-end funds …
Pacific Investment Management Co. said that it was closing funds under two of its main stock investment strategies and that its equities investment chief was leaving, a sign that its push for growth in the crowded field of stock mutual funds …
But Pimco already has “shadow equity” which is traded among Pimco employees; there’s no reason that it couldn’t get listed as some kind of tracking stock. And that tracking stock could be a very valuable acquisition currency as Pimco …
a closed-end fund is listed on a stock exchange and trades like a stock, trading usually either at a discount or premium to its net asset value. The drop in PIMCO's closed-end funds also comes after a report from AllianceBernstein said it …
Rising interest rates and a surging stock market have helped Vanguard's top stock fund ... We must pay more in taxes Even as stocks bottomed in March 2009, the Pimco Total Return Fund still kept growing until recently. The fund started …
Pimco has worked furiously in recent years to branch into stock investing, but with limited success. The company said El-Erian, 55, will step down in mid-March as part of a broader management overhaul but will remain an advisor to Pimco's …